Richard Todd Schwartz, the chief executive officer of Rush Street Interactive, completed a sale of 247,114 shares of the companys Class A common stock on February 4, 2026. The sale was carried out in a series of transactions under a pre-arranged 10b5-1 trading plan.
The shares fetched a weighted average price of $17.6134 per share, producing total proceeds of $4,352,517. Reported trade prices in the sequence of transactions ranged from $16.99 to $18.36 per share. After these dispositions, Schwartz retained direct ownership of 949,048 shares of Rush Street Interactive.
Alongside the transaction report, research notes from market analysts underscore continuing attention on the companys outlook. Benchmark reaffirmed its Buy rating on Rush Street Interactive and kept a $24.00 price target. In its commentary, Benchmark pointed to changes in Colombias tax framework as a factor affecting the companys prospects, and explicitly cited estimates that those tax changes would reduce 2025 revenue by approximately $70 million and adjusted EBITDA by $25-30 million.
Separately, Citizens analyst firm maintained a Market Outperform rating on Caesars Entertainment with a $37.00 price target. Citizens highlighted a favorable view on Caesars, noting discussions about the potential impact of betting exchanges on traditional gambling operators as a consideration in their outlook.
These analyst actions and the executive sale together provide a snapshot of recent developments touching both company-level ownership activity and external research views. The facts reported here are limited to the transaction details for the CEO and the published analyst ratings and estimates described above.
Transaction details
- Date of sale: February 4, 2026
- Shares sold: 247,114 Class A common shares
- Weighted average price: $17.6134 per share
- Price range across transactions: $16.99 to $18.36 per share
- Total proceeds: $4,352,517
- Post-sale direct ownership by Schwartz: 949,048 shares
Analyst notes
- Benchmark: Buy rating maintained on Rush Street Interactive; price target $24.00. Cited changes in Colombias tax framework and provided estimates on 2025 revenue and adjusted EBITDA impacts.
- Citizens: Market Outperform rating maintained on Caesars Entertainment; price target $37.00. Cited considerations around the potential effects of betting exchanges on traditional operators.
All figures and statements in this report reflect the information provided in the transaction filing and the analyst notes referenced above. No additional forecasts, interpretations, or external data have been added beyond those items disclosed.